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2023
Exports $6.72MWorld Rnk 40 / 192
Flag Rnk 688 / 1208
2023
Destination $1.78M Australia
2022 - 2023
FASTEST GROWING MARKET $1.78MAustralia
2023
PRODUCT COMPLEXITY IN Bedspreads-0.97Rnk 823 / 1025
2023
Imports $35.1MWorld Rnk 31 / 220
Flag Rnk 554 / 1211
2023
Origin $3.29M China
2022 - 2023
FASTEST GROWING ORIGIN $3.29MChina
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $6.72M in Bedspreads, making it the 40th largest exporter of Bedspreads in the world. At the same year, Bedspreads was the 688th most exported product in Malaysia. The main destination of Bedspreads exports from Malaysia are: Australia ($2.17M), Singapore ($1.2M), Chinese Taipei ($576k), Panama ($472k), and Philippines ($334k).

The fastest growing export markets for Bedspreads of Malaysia between 2022 and 2023 were Australia ($1.78M), Chinese Taipei ($351k), and Panama ($188k).

Imports In 2023, Malaysia imported $35.1M in Bedspreads, becoming the 31st largest importer of Bedspreads in the world. At the same year, Bedspreads was the 554th most imported product in Malaysia. Malaysia imports Bedspreads primarily from: China ($23.7M), India ($7.28M), Vietnam ($1.18M), Pakistan ($965k), and Bangladesh ($380k).

The fastest growing import markets in Bedspreads for Malaysia between 2022 and 2023 were China ($3.29M), Pakistan ($278k), and Indonesia ($154k).

COMPANIES In 2023, leading companies such as Lovesac (1) were at the forefront of shipping Bedspreads from Malaysia to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Bedspreads exports accounted up to MYR2.86M and imports accounted up to MYR17.6M, resulting in a negative trade balance of MYR14.8M. Between November 2023 and November 2024 the exports of Malaysia's   Bedspreads have decreased by MYR-663k (-18.8%) from MYR3.53M to MYR2.86M, while imports increased by MYR7.65M (76.6%) from MYR9.99M to MYR17.6M.

Destinations In November 2024, Bedspreads were exported mostly to Singapore (MYR675k), Australia (MYR465k), India (MYR275k), Philippines (MYR263k), and Panama (MYR235k), and were imported mostly from China (MYR11.5M), India (MYR3.8M), Vietnam (MYR737k), Pakistan (MYR574k), and Bangladesh (MYR370k).

Growth In November 2024, the decrease in Bedspreads's year-by-year exports was explained primarily by a decrease in exports to India (MYR-84.4k or -81.5%). In November 2024, the increase in Bedspreads's year-by-year imports was explained primarily by an increase in imports from India (MYR1.73M or 126%), Pakistan (MYR305k or 3.67k%), and Vietnam (MYR90.6k or 42.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR-663k(-18.8%)
IMPORT GROWTH (November 2023 - November 2024)MYR7.65M(76.6%)
MAIN DESTINATION (November 2024)SingaporeMYR675k

This section shows Bedspreads's exports and imports data at subnational level for Malaysia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Bedspreads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.72M
IMPORTS (2023)$35.1M
NET TRADE (2023)-$28.4M

In 2023, Malaysia exported $6.72M in Bedspreads. The main destinations of Malaysia exports on Bedspreads were Australia ($2.17M), Singapore ($1.2M), Chinese Taipei ($576k), Panama ($472k), and Philippines ($334k).

In 2023, Malaysia imported $35.1M in Bedspreads, mainly from China ($23.7M), India ($7.28M), Vietnam ($1.18M), Pakistan ($965k), and Bangladesh ($380k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bedspreads EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Australia$1.78M (452%)
Chinese Taipei$351k (156%)
Panama$188k (66.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bedspreads BY Malaysia WERE (2022 - 2023):
Singapore-$799k (-40%)
India-$447k (-71.6%)
Ecuador-$99.8k (-95.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Bedspreads were:
China $1.72B
India $629M
Turkey $214M
In 2023, Malaysia's main importing competitors in Bedspreads were:
United States $859M
Germany $211M
France $184M

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Trade Value of Bedspreads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $174k
TOP IMPORT POTENTIALIndia+ $3.69M

Bedspreads’s highest export potential is Thailand. With an export gap of $174k.   Bedspreads’s highest import potential is India with an import gap of $3.69M.

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